Recent Articles from Martin Daks
Manufacturing groups try new approaches to solve employee shortage
There are more than 35,000 open manufacturing positions in N.J., according to the New Jersey Manufacturing Extension Program. Here's what industry organizations are doing about it.
Innovative programs equip manufacturing’s next generation
The New Jersey Manufacturing Extension Program is working with a number of New Jersey educational institutions to equip students with the higher-level skills that are necessary for the many advanced jobs that are opening up.
How technology is transforming manufacturing processes
“[I]nnovations like artificial intelligence and machine learning will accelerate every aspect of manufacturing, including management and planning, scheduling, inspection and error detection, and inventory control," said Souran Manoochehri, chair of the Department of Mechanical Engineering at Stevens Institute of Technology.
AI making inroads into the banking industry
Some financial institutions have already embraced artificial intelligence, while others are studying it. But bankers generally agree that it's the next big thing in their field.
NJ bankers remain optimistic amid stormy seas
The failure earlier this year of two California financial institutions seemed to cast a pall over the entire sector, which was already facing myriad issues. But Garden State leaders say they've weathered similar conditions before.
Whatever happened to the public bank?
In November 2019, Gov. Phil Murphy signed an executive order creating a group tasked with developing a plan for the institution. Since then, New Jersey bankers say they’ve heard crickets from Trenton. But Murphy has hinted that the idea is still alive and kicking.
Location, infrastructure boost NJ’s biotech, life sciences industries
Insiders say it’s no surprise that life science and biotech companies are attracted to New Jersey. “From incubators to stand alone laboratory space at research parks and hubs, you’ll find the support you need here, along with world-class research universities, medical schools and some of the best hospitals in the country,” according to Choose New Jersey.
VC providers keep funds flowing in NJ
It’s been a tough year for life sciences startups. Still, some New Jersey-based venture capital funds are optimistic about opportunities in the early-stage segment.
Despite challenges, ‘capital is always available for good ideas’
Continued turbulence in the financial markets and headwinds from legislation aimed at capping drug costs haven't dampened spirits at some New Jersey enterprises.
How an inclusive approach can boost profits
According to a recent Harvard Business Review report, investing in Diversity, Inclusion and Equity efforts can be good for a company’s fiscal health. If that’s the case, then New Jersey-based […]
Professional organizations around NJ help promote DEI
The state of New Jersey has demonstrated its commitment to Diversity, Equity and Inclusion, but so have a spectrum of associations.
New Jersey colleges embrace diversity efforts
Although the overall share of young adults with a bachelor’s degree or higher doubled over the past 50 years, some minorities are not getting a similar seat at the table. Some New Jersey educational institutions are trying to change that.
